Parking Access Control Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The parking access control allows the parking and garage owners to restrict and manage the access to the parking area. The parking control system comprises various hardware and software devices such as sensors, automated barriers, software, cameras, and readers. The system is not only enhancing parking control but also improving the revenue generation for parking owners. The efficient revenue management with enhanced control is increasing its adoption in the global market.

MARKET DYNAMICS

The global parking access control market is growing at a considerable rate due to the increasing demand for an automated solutions in commercial spaces. The numerous benefits offered by the parking access control, such as improved control, revenue generation, and data collection, boost the growth of the parking access control market. Further, the rising development in sensor technologies and supporting infrastructure development for automated and connected solutions anticipate the growth of the parking access control market. Additionally, an increasing number of commercial places such as the mall, resorts, clubs, airports, and multistage carpark are among the leading factors that creates a substantial growth opportunity for the market.

MARKET SCOPE

The "Global Parking access control Market Analysis to 2031" is a specialized and in-depth study of the parking access control market with a special focus on the global market trend analysis. The report aims to provide an overview of parking access control market with detailed market segmentation by offering, technology, and application. The global parking access control market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Parking access control market player and offers key trends and opportunities in the Parking access control market. Rising living standards and inclination towards leisure and sports activities are accelerating the market growth in developed and developing nations.

MARKET SEGMENTATION

The global parking access control market is segmented on the basis of offering, technology, application, and geography. On the basis of offering, market is segmented as hardware, and software. In the terms of technology, market is segmented as RFID, Bluetooth, Wi-Fi, and others. On the basis of application, market is segmented as airports, government and municipalities, shopping malls, car parks, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global parking access control market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The parking access control market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Parking access control market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the parking access control market in these regions.

MARKET PLAYERS

The reports cover key developments in the parking access control market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from parking access control market are anticipated to lucrative growth opportunities in the future with the rising demand for parking access control market. Below mentioned is the list of few companies engaged in the parking access control market.

The report also includes the profiles of key parking access control market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Access Security and Parking Systems, Inc
  
•   ACTi Corporation
  
•   DESIGNA
  
•   FlashParking
  
•   i+D3 Equipamientos Tecnol³gicos SL
  
•   Inugo Systems Ltd
  
•   Parking BOXX
  
•   SKIDATA GmbH
  
•   SWARCO
  
•   TIBA PARKING SYSTEMS
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Parking Access Control Report Scope